115950
1
0
RESOLUTION NO. 11,595
0
3 A RESOLUTION TO AUTHORIZE THE USE OF UP TO
4 $175,000.00 OF INFRASTRUCTURE RESERVE FROM THE 1995
5 CAPITAL IMPROVEMENT BONDS AS LOCAL MATCH FOR
6 THE HINDMAN PARK BRIDGE PROJECT; AND FOR OTHER
7 PURPOSES.
H.
9 WHEREAS, in its meeting of April 1, 2993, the Board of Directors authorized the
10 City Manager to apply for a TEA -21 grant to construct a bridge at Hindman Park, and
11 WHEREAS, the grant request has been funded and will require up to One
12 Hundred Seventy-five Thousand Dollars ($175,000.00) as the twenty (20) per cent local
13 matching funds, and
14 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
15 THE CITY OF LITTLE ROCK, ARKANSAS:
16 Section 1. The Board of Directors hereby authorizes the use of up to One
17 Hundred Seventy-five Thousand Dollars ($175,000.00) of Infrastructure Reserve from
18 the 1995 Capital Improvement Bonds as the twenty (20) per cent local match funds
19 required for the Hindman Park Bridge Project.
20 Section 2. Funding will be from Fund 303 - Infrastructure Reserve.
21 Section 3. Severability. In the event any title, section, paragraph, item, sentence,
22 clause, phrase, or word of this resolution is declared or adjudged to be invalid or
23 unconstitutional, such declaration or adjudication shall not affect the remaining
24 portions of the resolution which shall remain in full force and effect as if the portion so
25 declared or adjudged invalid or unconstitutional was not originally a part of the
26 resolution.
[PAGE 1 OF 21
Re Itrfiorr
To authorize local match for Hindman Park Bridge Project
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
20
21
22
23
24
25
26
27
u
0
Section 4. Repealer. All laws, ordinances, resolutions, or parts of the same, that
are inconsistent with the provisions of this resolution, are hereby repealed to the extent
of such inconsistency.
ADOPTED: September 9, 2003
ATTEST: APPROVED:
Nataki Blocker, Assistant dity Clerk-/ Jim a' ey, Mayor
APPROVED AS TO FORM:
l
Thomas M. Carpenter, CRY Attorney
//
//
//
//
//
//
//
Rewlution
To authorize local match for Hindman Park gndge Project
[PAGE 2 OF 2]